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A sideways stock market could lead to this ominous chart pattern by Memorial Day

“Memorial Day is a holiday for the U.S. stock market, but this year it may not be one that many on Wall Street will want to celebrate, from an investment perspective” writes Markets Reporter for marketwatch.com. The U.S. stock market has largely been moving sideways over the past several weeks, meaning that while swings have been sizable in both directions, it has mostly traded within a range.
 
Source: marketwatch.com



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